IDEX Corporation Increases Regular Quarterly Dividend Eleven Percent

Rhea-AI Summary

IDEX Corporation (NYSE:IEX) has announced an 11% increase in its quarterly cash dividend to $0.60 per share. This rise marks the company's 110th consecutive quarterly dividend payment. The dividend will be paid on May 27, 2022, to shareholders recorded as of May 17, 2022. With over $2.8 billion in annual sales and more than 7,500 employees, IDEX continues to deliver trusted solutions across various industries.

Positive

• 11% increase in quarterly cash dividend to $0.60 per share.
• 110th consecutive quarterly cash dividend payment.
• Company's annual sales of nearly $2.8 billion.

Negative

• None.

NORTHBROOK, Ill.--(BUSINESS WIRE)-- IDEX CORPORATION (NYSE:IEX) today announced that its Board of Directors has approved an eleven percent increase in the company’s regular quarterly cash dividend to $0.60 per common share. This dividend will be paid May 27, 2022 to shareholders of record as of May 17, 2022. This dividend represents the company’s 110^th consecutive regular quarterly cash dividend payment.

About IDEX

IDEX (NYSE: IEX) makes thousands of products and mission-critical components that improve everyday life all around you. If you enjoy chocolate, it quite possibly passed through a Viking® internal gear pump at the candy factory. If you were ever in a car accident, emergency workers may have used the Hurst Jaws of Life® rescue tool to save your life. If your doctor ordered a DNA test to predict your risk of disease or determine a course of treatment, the lab may have used equipment containing components made by IDEX Health & Science. Founded in 1988 with three small, entrepreneurial manufacturing companies, we’re proud to say that we now call over 45 diverse businesses around the world part of the IDEX family. With more than 7,500 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global company with nearly $2.8 billion in annual sales, committed to making trusted solutions that improve lives. IDEX shares are traded on the New York Stock Exchange under the symbol “IEX”.

For further information on IDEX Corporation and its business units, visit the company’s website at www.idexcorp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220506005486/en/

Allison Lausas

Vice President

Chief Accounting Officer

847.498.7070

Source: IDEX Corporation

FAQ

What is the new dividend amount for IDEX Corporation?

IDEX Corporation has increased its quarterly cash dividend to $0.60 per share.

When will IDEX pay its next dividend?

The next dividend will be paid on May 27, 2022.

What is the record date for IDEX's upcoming dividend?

The record date for the upcoming dividend is May 17, 2022.

How many consecutive dividends has IDEX paid?

IDEX has paid 110 consecutive regular quarterly cash dividends.

How significant is IDEX Corporation's annual sales?

IDEX Corporation has nearly $2.8 billion in annual sales.